Axoni sells Veris post-trade processing business to LSEG
Launched in 2020, Veris operates as a distributed ledger network for equity swaps.
Launched in 2020, Veris operates as a distributed ledger network for equity swaps.
The group aims to make use of Oracle’s enterprise performance management and planning functions.
Irfan Hussain joins LSEG from Goldman Sachs, where he has worked since 1995.
The deal is the latest in a string of acquisitions for LSEG this year.
LSEG has also committed to a $2.8bn cloud-related spend with Microsoft over the life of the 10-year agreement.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
BETA, Maxit and Digital Investor (collectively known as BETA+) have been sold to Clearlake Capital and Motive Partners.